Sri Lanka, June 9 -- Sri Lanka's budget recorded negative foreign financing of Rs. 27.9 billion up to April 2025, indicating that foreign debt is being repaid on a net basis.

This figure is a significant increase from Rs. 7.4 billion during the same period last year.

The entire budget deficit of Rs. 261.6 billion was financed through domestic borrowings, totalling Rs. 289.5 billion.

Official data reveals robust revenue growth in the first four months of 2025, with tax revenues increasing by 21% to Rs. 1,349 billion, and total revenues climbing 20% to Rs. 1,453 billion.

Current spending also rose by 13% to Rs. 1,603 billion, driven by a 17% increase in non-interest current spending to Rs. 809 billion and a 9.4% rise in interest costs t...